SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Copeland Capital Management, LLC

CIK 0001541743 · 161 WASHINGTON STREET, SUITE 1325, CONSHOHOCKEN, PA, 19428 · 484-530-4300

Reported Value
$4.7B
Q3 2023
Positions
468
Filings on Record
42
2019–present window
Filed
Oct 23, 2023
original filing

Summary

Copeland Capital Management, LLC reported $4.7B in U.S.-listed holdings across 468 positions for Q3 2023.

Its largest position, ENSG, represents 1.8% of the portfolio.

Compared with Q2 2023, the fund opened 15 new positions and exited 38.

Portfolio Metrics

Turnover
+5.4%
vs prior filed quarter
Top-10 Concentration
+16.2%
share of reported value
Largest Position
+1.8%
Ensign
New / Exited
15 / 38
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.3BQ4 ’18Q1 ’19: $1.4BQ2 ’19: $1.8BQ3 ’19: $1.9BQ4 ’19: $2.1BQ4 ’19Q1 ’20: $1.5BQ2 ’20: $1.8BQ3 ’20: $1.9BQ4 ’20: $2.4BQ4 ’20Q1 ’21: $2.7BQ2 ’21: $2.8BQ3 ’21: $3.0BQ4 ’21: $2.3BQ4 ’21Q1 ’22: $3.6BQ2 ’22: $3.2BQ3 ’22: $3.0BQ1 ’23: $4MQ1 ’23Q3 ’23: $4.7BQ4 ’23: $5.0BQ1 ’24: $5.5BQ2 ’24: $5.3BQ2 ’24Q3 ’24: $5.7BQ4 ’24: $5.4BQ1 ’25: $5.0BQ2 ’25: $4.9BQ2 ’25Q3 ’25: $4.8BQ4 ’25: $4.5BQ1 ’26: $4.5Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.5%Other: 4.7%REIT: 3.7%ETP: 0.1%ADR: 0.0%Other: 0.0%
  • Common Stock · 91.5% · $4.3B
  • Other · 4.7% · $219M
  • REIT · 3.7% · $171M
  • ETP · 0.1% · $6M
  • ADR · 0.0% · $97,754
  • Other · 0.0% · $18,885

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VMIVALMONT INDUSTRIESNEW+215.7K215.7K+$52M$52M
PZZAPAPA JOHNS INTERNATIONAL INCNEW+472.3K472.3K+$32M$32M
PAYCPAYCOM SOFTWARE INCNEW+3.1K3.1K+$810,737$810,737
CTVACORTEVA INCNEW+2.3K2.3K+$117,361$117,361
PKEPARK AEROSPACE CORPNEW+2.2K2.2K+$33,467$33,467
ESQESQUIRE FINANCIAL HOLDINGS INEW+651651+$29,744$29,744
IRMDIRADIMED CORPNEW+665665+$29,506$29,506
IMMRIMMERSION CORPORATIONNEW+4.4K4.4K+$29,071$29,071

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ENSGENSIGN GROUPhistory →COM1.78%$83M893.0K
2CASYCASEY'S GENERAL STORES INChistory →COM1.69%$79M289.5K
3NOGNORTHERN OIL AND GAS INChistory →COM1.63%$76M1.89M
4OLEDUNIVERSAL DISPLAYhistory →COM1.63%$76M482.2K
5CHRDCHORD ENERGY CORPhistory →COM1.62%$75M464.2K
6HLNEHAMILTON LANEhistory →COM1.62%$75M831.7K
7EHCENCOMPASS HEALTHhistory →COM1.57%$73M1.09M
8IPARINTER PARFUMS INChistory →COM1.57%$73M542.8K
9CIVICIVITAS RESOURCES INChistory →COM1.56%$72M894.7K
10WINGWINGSTOP INChistory →COM1.51%$70M390.0K
11SXISTANDEX INTL CORPhistory →COM1.47%$68M469.3K
12KNSLKINSALE CAPITAL GROUP INChistory →COM1.47%$68M164.7K
13BWXTBWX TECHNOLOGIEShistory →COM1.40%$65M868.3K
14USPHU.S. PHYSICAL THERAPY INChistory →COM1.30%$60M658.2K
15TTEKTETRA TECH INChistory →COM1.30%$60M396.7K
16NSPINSPERITY INChistory →COM1.29%$60M615.5K
17OZKBANK OZKhistory →COM1.25%$58M1.57M
18ALAIR LEASE CORPhistory →COM1.24%$58M1.46M
19NXSTNEXSTAR MEDIA GROUP INChistory →COM1.24%$57M400.9K
20HOMBHOME BANCSHARES INChistory →COM1.23%$57M2.72M
21CHECHEMED CORPhistory →COM1.23%$57M109.8K
22BCBRUNSWICK CORPhistory →COM1.22%$57M716.1K
23LMATLEMAITRE VASCULAR INChistory →COM1.21%$56M1.03M
24PERRIGO COMPANYCOM1.20%$56M1.75M
25LFUSLITTELFUSE INChistory →COM1.17%$54M219.7K
26ALSNALLISON TRANSMISSION HOLDINGhistory →COM1.16%$54M912.8K
27CNSCOHEN & STEERS INChistory →COM1.16%$54M859.7K
28PWIPOWER INTEGRATIONS INChistory →COM1.15%$54M701.3K
291939900DBROOKFIELD INFRASTRUCTURE-Ahistory →COM1.13%$52M1.48M
30STEVANATO GROUP SPACOM1.13%$52M1.76M
31MTRNMATERION CORPhistory →COM1.11%$52M508.4K
32OGM1COGENT COMMUNICATIONShistory →COM1.09%$50M815.3K
33AGNTEXP WORLD HOLDINGhistory →COM1.08%$50M3.08M
34KLICKULICKE & SOFFA INDUSTRIEShistory →COM1.04%$49M997.9K
35LSTRLANDSTAR SYSTEM INChistory →COM1.04%$49M274.1K
36WD5ATRAVEL & LEISURE COhistory →COM1.03%$48M1.30M
37PAHUSDELEMENT SOLUTIONS INChistory →COM1.01%$47M2.40M
38TRNOTERRENO REALTY CORPhistory →COM1.01%$47M827.3K
39ABMABM INDUSTRIES INChistory →COM0.99%$46M1.15M
40UFPIUFP PACKAGINGhistory →COM0.99%$46M450.4K
41CPKCHESAPEAKE UTILITIES CORPhistory →COM0.96%$45M457.8K
42AGMFEDERAL AGRIC MTG CORP-CL Chistory →COM0.96%$45M288.4K
43QUAKER CHEMICAL CORPORATIONCOM0.95%$44M276.4K
44CABOCABLE ONE INChistory →COM0.93%$43M70.5K
45VMIVALMONT INDUSTRIEShistory →COM0.93%$43M179.3K
46UNFUNIFIRST CORP/MAhistory →COM0.88%$41M249.7K
47NXRTNEXPOINT RESIDENTIALhistory →COM0.83%$39M1.20M
48UTZUTZ BRANDS INChistory →COM0.79%$37M2.75M
49CRAICRA INTERNATIONAL INChistory →COM0.79%$37M366.5K
50SCVLEURSHOE CARNIVAL INChistory →COM0.77%$36M1.49M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$4.5B437May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.5B471Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.8B468Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.9B459Jul 21, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.0B460Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.4B470Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.7B456Oct 21, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.3B322Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.5B448Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$5.0B454Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.7B468Oct 23, 202313F-HRchanges · EDGAR ↗
Q2 2023under review490Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$4M460Apr 14, 202313F-HRchanges · EDGAR ↗
Q4 2022under review464Jan 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.0B383Oct 12, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.2B382Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.6B376Apr 18, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.3B334Jan 18, 2022RESTATEMENTchanges · EDGAR ↗
Q3 2021$3.0B316Oct 20, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.8B284Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.7B277Apr 26, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.4B274Jan 27, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.9B259Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.8B319Jul 30, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.5B315Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.1B340Feb 3, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.9B334Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.8B330Jul 19, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.4B265Apr 24, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.3B273Jan 28, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 3 additional managers.

  • Russell Investments Group, Ltd.
  • SEI Investment Management Corp028-16454
  • Morgan Stanley Smith Barney028-03432

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.